Saturday, July 11, 2009

G-8 is dead, long live G-14

The intimation of G-8's impending demise came from the host of the summit, Italian President Silvio Berlusconi. ``We saw that G8 is no longer a suitable format to show a global economic way of doing. Instead, a consolidated G-14 representing 80% of the world economy could help create a real dialogue. We want to see if the G14 is the best solution for debates which will bring to us unique results.''

G14 comprising India, the US, China, Russia, Japan, France, Germany, Brazil, South Africa, Mexico, Canada, the UK, Italy and one more country, possibly Egypt.

Friday, July 10, 2009

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Monday, July 6, 2009

Budget 2009-2010 Highlights:
  • Gross Domestic Product increased by 7.5 per cent, 9.5 per cent, 9.7 percentand 9 per cent in the first four years from fiscal year 2004-05 to 2007-08 recordinga sustained growth of over 9 per cent for three consecutive years for the first time.The growth drivers for the period were agriculture, services, manufacturing along with trade and construction.
  • Fiscal deficit down from 4.5 per cent in 2003-04 to 2.7 per cent in 2007-08 and Revenue deficit from 3.6 per cent to 1.1 per cent in 2007-08.
  • The domestic investment rate as a proportion of GDP increased from 27.6 per cent in 2003-04 to 39 per cent in 2007-08. Gross Domestic savings rate shot up from 29.8 per cent to 37.7 per cent during this period.
  • The Gross capital formation in agriculture as a proportion of agriculture GDP increased from 11.1 per cent in 2003-04 to 14.2 per cent in 2007-08
  • The tax to GDP ratio increased from 9.2 per cent in 2003-04 to 12.5 per cent in 2007-08.
  • Annual growth rate of agriculture rose to 3.7 per cent during 2003-04 to 2007-08.
  • The foodgrain production recorded an increase of 10 million tonnes each year during this period and touched an all time high of 230 million tonnes in 2007-08.
  • While manufacturing sector recorded growth of 9.5 per cent per annum in the
  • period 2004-05 to 2007-08, communication and construction sectors grew at the rate of 26 per cent and 13.5 per cent per annum respectively.
  • Exports grew at an annual average growth rate of 26.4 per cent in US dollar terms in the period 2004-05 to 2007-08. Foreign trade increased from 23.7 per cent of GDP in 2003-04 to 35.5 per cent in 2007-08.

Friday, July 3, 2009

LIST OF COUNCIL OF MINISTERS

(as on 14.06.2009)

CABINET MINISTERS

1.

Dr. Manmohan Singh

Prime Minister and also in-charge of the Ministries/Departments not specifically allocated to the charge of any Minister viz.:

(i) Ministry of Personnel, Public Grievances & Pensions;

(ii) Ministry of Planning;

(iii) Department of Atomic Energy;

(iv) Department of Space; and

(v) Ministry of Culture;

2.

Shri Pranab Mukherjee

Minister of Finance.

3.

Shri Sharad Pawar

Minister of Agriculture and Minister of Consumer Affairs, Food & Public Distribution.

4.

Shri A.K. Antony

Minister of Defence.

5.

Shri P. Chidambaram

Minister of Home Affairs.

6.

Km. Mamata Banerjee

Minister of Railways.

7.

Shri S.M. Krishna

Minister of External Affairs.

8.

Shri Virbhadra Singh

Minister of Steel

9.

Shri Vilasrao Deshmukh

Minister of Heavy Industries and Public Enterprises

10.

Shri Ghulam Nabi Azad

Minister of Health and Family Welfare

11.

Shri Sushilkumar Shinde

Minister of Power

12.

Shri M. Veerappa Moily

Minister of Law and Justice

13.

Dr. Farooq Abdullah

Minister of New and Renewable Energy

14.

Shri S. Jaipal Reddy

Minister of Urban Development

15.

Shri Kamal Nath

Minister of Road Transport and Highways

16.

Shri Vayalar Ravi

Minister of Overseas Indian Affairs

17.

Shri Dayanidhi Maran

Minister of Textiles

18.

Shri A. Raja

Minister of Communications and Information Technology

19.

Shri Murli Deora

Minister of Petroleum and Natural Gas

20.

Smt. Ambika Soni

Minister of Information and Broadcasting

21.

Shri Mallikarjun Kharge

Minister of Labour and Employment

22.

Shri Kapil Sibal

Minister of Human Resource Development

23.

Shri B.K. Handique

Minister of Mines and Minister of Development of North Eastern Region

24.

Shri Anand Sharma

Minister of Commerce and Industry

25.

Shri C.P. Joshi

Minister of Rural Development and Minister of Panchayati Raj

26.

Kumari Selja

Minister of Housing and Urban Poverty Alleviation and Minister of Tourism

27.

Shri Subodh Kant Sahay

Minister of Food Processing Industries

28.

Dr. M.S. Gill

Minister of Youth Affairs and Sports

29.

Shri G.K. Vasan

Minister of Shipping

30.

Shri Pawan Kumar Bansal

Minister of Parliamentary Affairs and Minister of Water Resources

31.

Shri Mukul Wasnik

Minister of Social Justice and Empowerment

32.

Shri Kantilal Bhuria

Minister of Tribal Affairs

33.

Shri M.K. Alagiri

Minister of Chemicals and Fertilizers

MINISTERS OF STATE (INDEPENDENT CHARGE)

1.

Shri Praful Patel

Minister of State (Independent Charge) of the Ministry of Civil Aviation

2.

Shri Prithviraj Chavan

Minister of State (Independent Charge) of the Ministry of Science and Technology; Minister of State (Independent Charge) of the Ministry of Earth Sciences; Minister of State in the Prime Minister’s Office; Minister of State in the Ministry of Personnel, Public Grievances and Pensions; and Minister of State in the Ministry of Parliamentary Affairs

3.

Shri Shriprakash Jaiswal

Minister of State (Independent Charge) of the Ministry of Coal and Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation.

4.

Shri Salman Khursheed

Minister of State (Independent Charge) of the Ministry of Corporate Affairs and Minister of State (Independent Charge) of the Ministry of Minority Affairs

5.

Shri Dinsha J. Patel

Minister of State (Independent Charge) of the Ministry of Micro, Small and Medium Enterprises

6.

Smt. Krishna Tirath

Minister of State (Independent Charge) of the Ministry of Women and Child Development

7.

Shri Jairam Ramesh

Minister of State (Independent Charge) of the Ministry of Environment and Forests

MINISTERS OF STATE

1.

Shri Srikant Jena

Minister of State in the Ministry of Chemicals and Fertilizers

2.

Shri E. Ahammed

Minister of State in the Ministry of Railways

3.

Shri Mullappally Ramachandran

Minister of State in the Ministry of Home Affairs

4.

Shri V. Narayanasamy

Minister of State in the Ministry of Planning and Minister of State in the Ministry of Parliamentary Affairs

5.

Shri Jyotiraditya Madhavrao Scindia

Minister of State in the Ministry of Commerce and Industry

6.

Smt. D. Purandeswari

Minister of State in the Ministry of Human Resource Development

7.

Shri K.H. Muniappa

Minister of State in the Ministry of Railways

8.

Shri Ajay Maken

Minister of State in the Ministry of Home Affairs

9.

Smt. Panabaka Lakshmi

Minister of State in the Ministry of Textiles

10.

Shri Namo Narain Meena

Minister of State in the Ministry of Finance

11.

Shri M.M. Pallam Raju

Minister of State in the Ministry of Defence

12.

Shri Saugata Ray

Minister of State in the Ministry of Urban Development

13.

Shri S.S. Palanimanickam

Minister of State in the Ministry of Finance

14.

Shri Jitin Prasada

Minister of State in the Ministry of Petroleum and Natural Gas

15.

Shri A. Sai Prathap

Minister of State in the Ministry of Steel

16.

Smt. Preneet Kaur

Minister of State in the Ministry of External Affairs

17.

Shri Gurudas Kamat

Minister of State in the Ministry of Communications and Information Technology

18.

Shri Harish Rawat

Minister of State in the Ministry of Labour and Employment

19.

Prof. K.V. Thomas

Minister of State in the Ministry of Agriculture and Minister of State in the Ministry of Consumer Affairs, Food and Public Distribution

20.

Shri Bharatsinh Solanki

Minister of State in the Ministry of Power

21.

Shri Mahadev S. Khandela

Minister of State in the Ministry of Road Transport and Highways

22.

Shri Dinesh Trivedi

Minister of State in the Ministry of Health and Family Welfare

23.

Shri Sisir Adhikari

Minister of State in the Ministry of Rural Development

24.

Shri Sultan Ahmed

Minister of State in the Ministry of Tourism

25.

Shri Mukul Roy

Minister of State in the Ministry of Shipping

26.

Shri Choudhury Mohan Jatua

Minister of State in the Ministry of Information and Broadcasting

27.

Shri D. Napoleon

Minister of State in the Ministry of Social Justice and Empowerment

28.

Dr. S. Jagathrakshakan

Minister of State in the Ministry of Information and Broadcasting

29.

Shri S. Gandhiselvan

Minister of State in the Ministry of Health and Family Welfare

30.

Shri Tusharbhai Chaudhary

Minister of State in the Ministry of Tribal Affairs

31.

Shri Sachin Pilot

Minister of State in the Ministry of Communications and Information Technology

32.

Shri Arun Yadav

Minister of State in the Ministry of Heavy Industries and Public Enterprises

33.

Shri Pratik Prakashbapu Patil

Minister of State in the Ministry of Youth Affairs and Sports

34.

Shri R.P.N. Singh

Minister of State in the Ministry of Road Transport and Highways

35.

Shri Shashi Tharoor

Minister of State in the Ministry of External Affairs

36.

Shri Vincent Pala

Minister of State in the Ministry of Water Resources

37.

Shri Pradeep Jain

Minister of State in the Ministry of Rural Development

38.

Ms. Agatha Sangma

Minister of State in the Ministry of Rural Development

Note: Incorporates changes in the Council of Ministers as on 14.06.2009